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sharkweek
1254 days ago
Helpful information because as someone in the US I assumed the idea of a pension (outside of government jobs) had all but disappeared.
2 comments
etothepii
1254 days ago
These won't be "defined benefit" schemes but defined contribution schemes much more akin to your 401(k)
link
lotsofpulp
1254 days ago
In the UK (and I assume Ireland), the term pension is used for more than just defined benefit pensions.
link
astaunton
1253 days ago
Correct, most pensions in Ireland (these days) are defined contribution. Even within the civil service / government roles it is becoming extremely rare to see defined benefit schemes.
link